Common use of No Concurrent Posts Clause in Contracts

No Concurrent Posts. Unless otherwise approved by the Board, the General Manager and the Deputy General Manager may not hold posts concurrently as the general manager or other officer or employee or consultant of any other economic organization; provided, however, that the General Manager and other Senior Management as may be seconded to the JV Company by either Party or its Affiliate may concurrently be employees of such Party or its Affiliate.

Appears in 2 contracts

Sources: Equity Joint Venture Contract (Movella Holdings Inc.), Equity Joint Venture Contract (Pathfinder Acquisition Corp)